At some point in time, you may consider how you would like to be remembered. You then start imagining what sort of legacy you would like to leave behind. UVI can provide the opportunity to leave something behind in the Virgin Islands community that will have perpetual use for the life of the University. There are numerous ways you or a loved one can be remembered.
What would it take to make a significant gift? By significant we mean a contribution many people interested in supporting the University at a higher level would like to make. We're talking about gifts that truly make a difference and that ensure a level of support that magnifies the University's ability to fulfill its mission while giving you personal satisfaction and recognition.
A significant gift often can be made at a very low cost. It's just a matter of planning WHAT to give, HOW to give and WHEN to give. Giving a “planned gift” allows you to make a small investment toward making a
significant contribution to higher education.
Endowments create the foundation upon which universities build lasting financial strength and ensure academic quality. Once in place, endowments provide permanent support for teaching and research,
student aid, and an abundance of other academic programs and activities.
With a minimum $10,000 commitment, you can create an endowment that will bear your name – or the name of someone you wish to honor. Donors have four years to bring a fund to the endowed level. Based on the Foundation for the University of the Virgin Islands (FUVI) spending policy, 5 percent of the endowment’s total value will be made available for expenditure each year. These dollars can support scholarships, equipment and software upgrades, student research, and more. Distribution of funds will be subject to a specific set of guidelines formulated by FUVI in conjunction with you, the donor.
Many special programs have specific endowment requirements, such as: Named Scholarships, Named Professorships and Endowed Deans.
Multi-year pledge payment schedules can be arranged.
For more information contact the University Development Office at (340) 693-1040.